ZeroStack secures a $107 million OG token financing agreement, locking nearly 21% of the OG supply.

ZkProver · 2026-04-02T12:46:29+00:00

ZeroStack Corp. announced that it has reached a $107 million financing agreement anchored by the 0G token, with the transaction resulting in its holding approximately 21% of the 0G tokens. To this end, ZeroStack will establish a Texas-based company called Texas Blocker, and the share exchange is expected to be completed by 2026.

ZkProver

2026-04-02 12:46:29

Abstract generation in progress

ChainCatcher message, according to a report by GlobeNewswire, Nasdaq-listed company ZeroStack Corp. announced that it has entered into a definitive agreement for a $107 million financing transaction anchored by 0G tokens; upon completion of the transaction, ZeroStack will hold approximately 21% of the total supply of 0G tokens.

Under the financing terms, ZeroStack will set up a company in Texas, named Texas Blocker, to facilitate this transaction. The investors plan to contribute 142,232,948 native 0G tokens (valued at approximately $107 million). After the share exchange is completed, Texas Blocker will become a wholly owned subsidiary of ZeroStack. The share exchange is expected to be completed around July 5, 2026, subject to customary closing conditions and approval by shareholders.

0G1,22%

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